I found this item in the New York Times thanks to a link on Democratic Underground. My first thought was 'Oh, s**t!!' and my second was 'Why so surprised??.' These are the kinds of economic times that can turn even a good landlord bad. By the way, notice the comment about international and private equity firms who bought many rent controlled properties hoping to profit magnificently by moving poorer tenants out in favor of higher income tenants. Those kinds of people deserve a very hot circle in hell.
I didn't see much else to comment on and it is time for breakfast. Talk to you all later.